Tips on Closing Your Business

As an entrepreneur it may not always be about starting a business. There may be times when you’re doing the opposite and actually closing a business. Perhaps you’re closing to retire, selling your business, transferring ownership, or possibly even claiming bankruptcy.

No matter why the business is closing it’s important to have a good plan in place and all of your legal ducks in a row. The Small Business Administration has some great tips and insight on closing down a business, from planning an exit to liquidating assets.